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Mortgage News

House purchase lending down 12% in November

New CML data on the characteristics of lending in November 2014 show a decline in lending trends to first-time buyers, home movers and remortgaging, from the heights of November 2013; but a year-on-year increase in buy-to-let lending.

Get mortgage fit with Barratt in 2015

As 2015 gets underway attention moves to a new home for the new year, five star housebuilder Barratt is urging homebuyers to get mortgage fit now to secure the best mortgage deals available.

New discount mortgages launched by Leeds Building Society

Leeds Building Society has improved its range of competitive discount mortgages with market-leading new products and rate cuts of up to 0.75% on existing deals.

Halifax gives Extra to Homemovers and First-Time Buyers

Halifax has welcomed in the New Year by offering homemovers and first-time buyers two months interest back on their mortgage.

Expat mortgage approval is not “a struggle”

Despite British expats now typically being classed as ‘high risk’ by UK lenders, mortgage approval should not be a struggle - if three key steps are taken, affirms the UK arm of one of the world’s largest independent financial advisory organisations.

Skipton launches new fee free two-year discount mortgages

Skipton Building Society is launching a new residential 2 Year Discount mortgage range with rates from 1.69%.

Leeds Building Society revamps mortgage range for New Year

Leeds Building Society is relaunching its full mortgage range to kick off the New Year.

Clydesdale and Yorkshire Banks launch new mortgage rates and cashback offer

Clydesdale and Yorkshire Banks have launched a £1000 cashback mortgage offer for homebuyers, along with a number of new mortgage rates.

Gross mortgage lending steady year-on-year

The Council of Mortgage Lenders estimates that gross mortgage lending reached £16.9 billion in November.

1 in 6 had to borrow to pay their rent or mortgage last month

One in six people had to borrow money to pay October’s rent or mortgage, according to new research conducted for debt advice and solutions provider Debt Advisory Centre (DAC).

Make sure you’re prepared for interest rate rises in 2015

Recent research has revealed that up to 47% of households in the UK would find it hard to cover a substantial rise in interest rates.

Santander launches its lowest ever remortgage 2 year fixed rate

Santander is launching its lowest ever two year fixed rate. Available exclusively to remortgagers, it offers a 1.84 per cent rate up to 60 per cent Loan-to-Value (LTV) with a £995 fee.

Leeds Building Society to change criteria to permit s106 lending

Leeds Building Society is changing its lending criteria to benefit borrowers whose properties are subject to Section 106 Agreements.

Gross mortgage lending up 5% month-on-month

The Council of Mortgage Lenders estimates that gross mortgage lending reached £19 billion in October.

Leeds launches new mortgages for the under-served Interest Only market

Leeds Building Society has unveiled new Interest Only two and five year fee assisted fixed rate deals available up to 50% loan to value (LTV) at rates of 2.49% and 3.19% respectively.